Search: billion

Sort by: Relevance Date
1–4 of 4 collapsed search results for billion

RBA Glossary definition for billion

billion – One thousand million.

Search Results

Profitability of Reserve Bank Foreign Exchange Operations: Twenty Years After the Float

1 Sep 2004 RDP 2004-06
Chris Becker and Michael Sinclair
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2004/2004-06.html

Introduction

31 Dec 2004 RDP 2004-06
Chris Becker and Michael Sinclair
We find that the RBA has made a profit of A$5.2 billion from intervention since the float.
https://www.rba.gov.au/publications/rdp/2004/2004-06/introduction.html

Intervention Since the Float

31 Dec 2004 RDP 2004-06
Chris Becker and Michael Sinclair
Total purchases over that period amounted to US$11.7 billion, so that the cumulative position since the float moved from a net short position of US$6.0 billion in September 1986 ... This pattern of intervention continued through to 1986, when the sharp
https://www.rba.gov.au/publications/rdp/2004/2004-06/intervention-since-the-float.html

Profits from Intervention

31 Dec 2004 RDP 2004-06
Chris Becker and Michael Sinclair
profits of $3.7 billion, unrealised profits of $0.5 billion, and additional interest earnings of $1.6 billion. ... This comprised A$2.5 billion in realised profits, A$0.3 billion in unrealised profits, and A$2.4 billion in interest earnings.
https://www.rba.gov.au/publications/rdp/2004/2004-06/profits-from-intervention.html